What You Need to Know Ahead of Uber's Earnings Tuesday

UBS on Monday raised its price target for Uber to $102 from $95, lowering its targets for Uber's competitors in the rideshare and food-delivery spaces, Lyft (LYFT) and DoorDash (DASH), to $15 and $125 from $19 and $130, respectively. Analyst Estimates for Q2 2024 Q1 2024 Q2 2023 Revenue $10.56 billion $10.13 billion $9.23 billion Diluted EPS (Loss) 31 cents (31 cents) 19 cents Net Income (Loss) $652.33 million ($654 million) $394 million Key Metric: Gross Bookings for Food Delivery vs. Rideshare Trips UBS a ...